Loading...
HomeMy WebLinkAbout2013-442 EDC - Town of Carrboro Repairs to the Main Street Sewerline Please return this copy to the Clerk's to the Board's —office for permanent agenda file. 1W3- AMENDMENT TO THE MEMORANDUM OF AGREEMENT BETWEEN ORANGE COUNTY,NORTH CAROLINA AND THE TOWN OF CARRBORO, NORTH CAROLINA For REPAIRS TO THE MAIN STREET SEWERLINE This Amended Memorandum of Agreement ("Amendment") is hereby made and entered into this the A day of )V- , 2013, by and between ORANGE COUNTY, hereinafter referred to as ("County"), and the TOWN OF CARRBORO, hereinafter referred to as ("Town") pursuant to N.C. Gen. Statute 160A-460 et seq., 158-7.1 and other applicable laws. WHEREAS, County and Town entered into the Memorandum of Agreement Between Orange County, North Carolina and the Town of Carrboro,North Carolina for Repairs to the Main Street Sewer Line dated October, 22, 2012 ("Agreement"); and WHEREAS, County and Town desire to amend the Agreement to reflect unanticipated increased costs of the Main Street Sewer Line repair project. NOW THEREFORE, Paragraph 1 of the Agreement is amended by the County and the Town as follows: 1. Funding. The North Carolina Department of Commerce has awarded the Town a Community Development Block Grant (hereinafter the "Grant") in the amount One Hundred and Seventy One Thousand and Seven Hundred Dollars ($171,700) to fund the repairs to the Main Street Sewerline. The Grant is expected to cover 70% of the estimated costs of repair to the Main Street Sewerline. Town and the County shall each provide one-half of the funding for the remaining 30% of the estimated costs of repair. County shall reimburse the Town after construction of the sewerline has been completed and the work has been approved by the Orange Water and Sewer Authority (OWASA). County's share of the estimated costs of repair shall not exceed Eighty Thousand Dollars ($80,000) and shall be paid out of the quarter cent sales tax proceeds for FY 2012-13 and FY 2013-14. Except for the changes made to Section 1 herein, the Agreement shall remain in full force and effect to the extent it is not inconsistent with this Amendment. In the event that there is a conflict between the Agreement and this Amendment, this Amendment shall control. SIGNATURE PAGE TO FOLLOW 1 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first written above. FOR AND ON BEHALF OF: FOR AND ON BEHALF OF: ORAn TOWN CARRBORO,NC By: By: ounty Manager Town Manager This Agre ent has n proved as to form and legal sufficiency. 7/5 tq�nty Atto ey's Office Date This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act. ti l , AA__ 1-1111113 Orange Chief Financial Officer Date This reement has been approved as to form and legal sufficiency. �1 � 3 Town Attorney Office at This instru t has been pre-audited in the manner required by the Local Government Budget and Fisc ontrol been Town of Carrboro Finance Director ate 2